Nadya Malenko

Boston College, Carroll School of Management

140 Commonwealth Avenue

Chestnut Hill, MA 02467

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

Finance Theory Group (FTG)

United States

Centre for Economic Policy Research (CEPR)

London

United Kingdom

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • Boston College, Carroll School of Management

  • National Bureau of Economic Research (NBER)

  • Finance Theory Group (FTG)

  • Centre for Economic Policy Research (CEPR)

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

20

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Top 3,134

in Total Papers Downloads

21,721

SSRN CITATIONS
Rank 3,533

SSRN RANKINGS

Top 3,533

in Total Papers Citations

464

CROSSREF CITATIONS

62

Scholarly Papers (20)

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1.

Quadrophobia: Strategic Rounding of EPS Data

Journal of Financial and Quantitative Analysis, forthcoming, Rock Center for Corporate Governance at Stanford University Working Paper No. 65, Stanford Law and Economics Olin Working Paper No. 388
Number of pages: 59 Posted: 18 Sep 2009 Last Revised: 07 Jul 2022
Nadya Malenko, Joseph Grundfest and Yao Shen
Boston College, Carroll School of Management, Stanford Law School and City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance
Downloads 3,855 (5,608)
Citation 8

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financial reporting practices, earnings management, earnings per share, forensic accounting, analyst coverage, accounting restatements, SEC enforcement actions, class action securities fraud litigation

2.

The Role of Proxy Advisory Firms: Evidence from a Regression-Discontinuity Design

Review of Financial Studies, Vol. 29, No. 12, December 2016
Number of pages: 45 Posted: 19 Nov 2014 Last Revised: 20 Jan 2017
Nadya Malenko and Yao Shen
Boston College, Carroll School of Management and City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance
Downloads 1,722 (20,268)
Citation 117

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proxy advisors, ISS, proxy voting,regression discontinuity, say-on-pay, executive compensation, shareholder activism

3.

Communication and Decision-Making in Corporate Boards

Review of Financial Studies, Vol. 27, No. 5, May 2014
Number of pages: 56 Posted: 21 Nov 2010 Last Revised: 24 Apr 2015
Nadya Malenko
Boston College, Carroll School of Management
Downloads 1,667 (21,317)
Citation 26

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board of directors, collective decision-making, communication, executive sessions, open and secret ballot voting

4.

Nonbinding Voting for Shareholder Proposals

Journal of Finance, Vol. 66, No. 5, 2011
Number of pages: 44 Posted: 12 Jan 2009 Last Revised: 25 Apr 2014
Doron Levit and Nadya Malenko
University of Washington, Foster School of Business and Boston College, Carroll School of Management
Downloads 1,425 (26,977)
Citation 17

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Shareholder voting, shareholder proposals, non-binding proposals, precatory resolutions, advisory vote, strategic voting, majority rule, information aggregation, proxy fight, shareholder activism

5.

Trading and Shareholder Democracy

Downloads 1,334 (29,739)
Citation 30

Trading and Shareholder Democracy

Journal of Finance, Vol. 79 (1), 257-304, February 2024, European Corporate Governance Institute – Finance Working Paper No. 631/2019, Olin Business School Center for Finance & Accounting Research Paper Forthcoming
Number of pages: 60 Posted: 03 Oct 2019 Last Revised: 14 Jun 2024
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Washington, Foster School of Business, Boston College, Carroll School of Management and University of Mannheim Business School
Downloads 1,334 (29,240)
Citation 14

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Corporate Governance, Voting, Shareholder Rights, Trading, Delegation

Trading and Shareholder Democracy

CEPR Discussion Paper No. DP14039
Number of pages: 60 Posted: 07 Oct 2019 Last Revised: 27 May 2022
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Washington, Foster School of Business, Boston College, Carroll School of Management and University of Mannheim Business School
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Citation 23
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corporate governance, delegation, Shareholder rights, Trading, voting

6.

A Theory of LBO Activity Based on Repeated Debt-Equity Conflicts

Journal of Financial Economics (JFE), 117 (3), 607-627, September 2015
Number of pages: 52 Posted: 16 Apr 2013 Last Revised: 08 Aug 2015
Andrey Malenko and Nadya Malenko
Boston College and Boston College, Carroll School of Management
Downloads 1,043 (42,391)
Citation 10

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Private equity, leveraged buyout, LBO, reputation, club deals, externalities, capital structure, debt-equity conflicts

7.

The Voting Premium

Downloads 1,028 (43,275)
Citation 2

The Voting Premium

European Corporate Governance Institute – Finance Working Paper No. 720/2021, Olin Business School Center for Finance & Accounting Research Paper No. Forthcoming
Number of pages: 71 Posted: 05 Jan 2021 Last Revised: 29 Sep 2024
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Washington, Foster School of Business, Boston College, Carroll School of Management and University of Mannheim Business School
Downloads 1,019 (43,214)
Citation 3

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Voting, trading, voting premium, blockholders, ownership structure, shareholder rights, corporate governance

The Voting Premium

NBER Working Paper No. w31892
Number of pages: 66 Posted: 27 Nov 2023 Last Revised: 15 Dec 2023
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Washington, Foster School of Business, Boston College, Carroll School of Management and University of Mannheim Business School
Downloads 9 (1,151,296)
Citation 1
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The Voting Premium

CEPR Discussion Paper No. DP15718
Number of pages: 66 Posted: 11 Feb 2021
Doron Levit, Nadya Malenko and Ernst G. Maug
University of Washington, Foster School of Business, Boston College, Carroll School of Management and University of Mannheim Business School
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8.

Corporate Governance in the Presence of Active and Passive Delegated Investment

Downloads 1,011 (44,330)
Citation 2

Corporate Governance in the Presence of Active and Passive Delegated Investment

European Corporate Governance Institute – Finance Working Paper 695/2020, Olin Business School Center for Finance & Accounting Research Paper No. Forthcoming
Number of pages: 55 Posted: 31 Aug 2020 Last Revised: 15 Dec 2023
Adrian Aycan Corum, Andrey Malenko and Nadya Malenko
Cornell University - Samuel Curtis Johnson Graduate School of Management, Boston College and Boston College, Carroll School of Management
Downloads 1,011 (43,636)
Citation 2

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corporate governance, delegated asset management, passive funds, index funds, competition, investment stewardship, engagement, monitoring

Corporate Governance in the Presence of Active and Passive Delegated Investment

CEPR Discussion Paper No. DP15230
Number of pages: 63 Posted: 12 Sep 2020 Last Revised: 04 Feb 2022
Adrian Aycan Corum, Andrey Malenko and Nadya Malenko
Cornell University - Samuel Curtis Johnson Graduate School of Management, Boston College and Boston College, Carroll School of Management
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Competition, corporate governance, delegated asset management, engagement, Index funds, investment stewardship, passive funds

9.

Voting Choice

Downloads 957 (47,850)

Voting Choice

European Corporate Governance Institute – Finance Working Paper No. 910/2023, Olin Business School Center for Finance & Accounting Research Paper No. 2023/02
Number of pages: 60 Posted: 22 Mar 2023 Last Revised: 08 Sep 2024
Andrey Malenko and Nadya Malenko
Boston College and Boston College, Carroll School of Management
Downloads 953 (47,424)

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voting, delegation, voting choice, pass-through voting, ESG, index funds, aggregation of information, heterogeneous preferences, externalities

Voting Choice

NBER Working Paper No. w31636
Number of pages: 51 Posted: 05 Sep 2023
Andrey Malenko and Nadya Malenko
Boston College and Boston College, Carroll School of Management
Downloads 4 (1,211,911)
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10.

Proxy Advisory Firms: The Economics of Selling Information to Voters

Journal of Finance, Vol 74, No. 5, October 2019
Number of pages: 54 Posted: 03 Apr 2016 Last Revised: 01 Oct 2019
Andrey Malenko and Nadya Malenko
Boston College and Boston College, Carroll School of Management
Downloads 931 (49,748)
Citation 59

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Proxy advisors, sale of information, information acquisition, shareholder voting, strategic voting, information aggregation

11.

Board Dynamics Over the Startup Life Cycle

Downloads 926 (50,093)
Citation 6

Board Dynamics Over the Startup Life Cycle

European Corporate Governance Institute – Finance Working Paper No. 687/2020, Olin Business School Center for Finance & Accounting Research Paper No. Forthcoming
Number of pages: 60 Posted: 13 Jul 2020 Last Revised: 13 May 2024
Michael Ewens and Nadya Malenko
Columbia Business School and Boston College, Carroll School of Management
Downloads 879 (53,017)
Citation 4

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venture capital, board of directors, corporate governance, independent directors, mediation

Board Dynamics Over the Startup Life Cycle

NBER Working Paper No. w27769
Number of pages: 57 Posted: 14 Sep 2020 Last Revised: 18 May 2023
Michael Ewens and Nadya Malenko
Columbia Business School and Boston College, Carroll School of Management
Downloads 46 (785,797)
Citation 3

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Board Dynamics Over the Startup Life Cycle

CEPR Discussion Paper No. DP15024
Number of pages: 59 Posted: 28 Jul 2020 Last Revised: 04 Feb 2022
Michael Ewens and Nadya Malenko
Columbia Business School and Boston College, Carroll School of Management
Downloads 1 (1,253,701)
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Allocation of control, Board Of Directors, corporate governance, Independent Directors, Mediation role, venture capital

12.

Creating Controversy in Proxy Voting Advice

Downloads 924 (50,237)
Citation 2

Creating Controversy in Proxy Voting Advice

European Corporate Governance Institute – Finance Working Paper No. 772/2021, Journal of Finance, forthcoming
Number of pages: 57 Posted: 13 May 2021 Last Revised: 10 Sep 2024
Andrey Malenko, Nadya Malenko and Chester S. Spatt
Boston College, Boston College, Carroll School of Management and Carnegie Mellon University - David A. Tepper School of Business
Downloads 909 (50,593)
Citation 1

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proxy advisor, voting, sale of information, information design, Bayesian persuasion, research reports, vote recommendations, one-size-fits-all, close votes

Creating Controversy in Proxy Voting Advice

NBER Working Paper No. w29036
Number of pages: 53 Posted: 19 Jul 2021 Last Revised: 04 May 2023
Andrey Malenko, Nadya Malenko and Chester Spatt
Boston College, Boston College, Carroll School of Management and Carnegie Mellon University
Downloads 15 (1,079,518)
Citation 1

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13.

Information flows, organizational structure, and corporate governance

Downloads 886 (53,199)
Citation 2

Information flows, organizational structure, and corporate governance

European Corporate Governance Institute – Finance Working Paper No. 841/2022, Olin Business School Center for Finance & Accounting Research Paper No. 2022/05, Handbook of Corporate Finance (ed. by David Denis), Chapter 14, pp. 511-547
Number of pages: 51 Posted: 11 Aug 2022 Last Revised: 14 Jun 2024
Nadya Malenko
Boston College, Carroll School of Management
Downloads 870 (53,792)

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communication, organizational structure, delegation, board of directors, shareholder activism, information flows, committee decision-making

Information Flows, Organizational Structure, and Corporate Governance

NBER Working Paper No. w31209
Number of pages: 52 Posted: 08 May 2023 Last Revised: 22 May 2023
Nadya Malenko
Boston College, Carroll School of Management
Downloads 16 (1,067,725)
Citation 2
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14.

The Labor Market for Directors and Externalities in Corporate Governance

Journal of Finance, Vol. 71, No. 2, April 2016 , Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 40 Posted: 08 Jul 2012 Last Revised: 11 Aug 2020
Doron Levit and Nadya Malenko
University of Washington, Foster School of Business and Boston College, Carroll School of Management
Downloads 792 (62,021)
Citation 23

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board of directors, corporate governance, reputation, externalities, strategic complementarity, transparency

15.

Corporate Governance Implications of the Growth in Indexing

Downloads 720 (70,221)
Citation 1

Corporate Governance Implications of the Growth in Indexing

European Corporate Governance Institute – Finance Working Paper No. 849/2022, Olin Business School Center for Finance & Accounting Research Paper No. 2022/06, Oxford Research Encyclopedia of Economics and Finance, August 2023
Number of pages: 35 Posted: 28 Sep 2022 Last Revised: 14 Jun 2024
Alon Brav, Andrey Malenko and Nadya Malenko
Duke University - Fuqua School of Business, Boston College and Boston College, Carroll School of Management
Downloads 706 (70,954)
Citation 1

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passive funds, index funds, voting, institutional investors, shareholder activism, engagement, monitoring, stewardship, Big Three, corporate governance

Corporate Governance Implications of the Growth in Indexing

NBER Working Paper No. w30718
Number of pages: 36 Posted: 05 Dec 2022 Last Revised: 08 Jun 2023
Alon Brav, Nadya Malenko and Andrey Malenko
Duke University - Fuqua School of Business, Boston College, Carroll School of Management and Boston College
Downloads 14 (1,091,404)

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16.

Advising the Management: A Theory of Shareholder Engagement

Downloads 704 (72,292)
Citation 14

Advising the Management: A Theory of Shareholder Engagement

Review of Financial Studies, Vol. 36 (4), 1319-1363, April 2023, European Corporate Governance Institute – Finance Working Paper No. 829/2022
Number of pages: 52 Posted: 25 Aug 2018 Last Revised: 10 Jun 2024
Ali Kakhbod, Uliana Loginova, Andrey Malenko and Nadya Malenko
University of California, Berkeley, Columbia University - Graduate School of Arts and Sciences, Boston College and Boston College, Carroll School of Management
Downloads 704 (71,206)
Citation 3

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shareholder engagement, communication, advice, managerial learning, cheap talk, heterogeneous beliefs, ownership structure, passive funds, advisory voting, index funds

17.

Deadlock on the Board

Downloads 630 (83,152)
Citation 12

Deadlock on the Board

Review of Financial Studies, Vol. 33, No. 10, October 2020, European Corporate Governance Institute – Finance Working Paper No. 645/2019
Number of pages: 58 Posted: 07 Dec 2017 Last Revised: 29 Sep 2020
Jason Donaldson, Nadya Malenko and Giorgia Piacentino
Washington University in St. Louis, Boston College, Carroll School of Management and Columbia University
Downloads 601 (87,126)

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board of directors, dynamic decision-making, deadlock, entrenchment, director elections, CEO turnover, diversity, tenure, staggered boards

Deadlock on the Board

NBER Working Paper No. w26155
Number of pages: 60 Posted: 20 Aug 2019 Last Revised: 19 Jun 2023
Jason Roderick Donaldson, Nadya Malenko and Giorgia Piacentino
Washington University in St. Louis, Boston College, Carroll School of Management and Columbia University
Downloads 29 (927,365)

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Deadlock on the Board

CEPR Discussion Paper No. DP12503
Number of pages: 55 Posted: 19 Dec 2017
Jason Roderick Donaldson, Nadya Malenko and Giorgia Piacentino
Washington University in St. Louis, Boston College, Carroll School of Management and Columbia University
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CEO turnover, Corporate Boards, deadlock, director elections, entrenchment

18.

Timing Decisions in Organizations: Communication and Authority in a Dynamic Environment

American Economic Review, Vol. 106, No. 9, September 2016
Number of pages: 85 Posted: 14 Nov 2014 Last Revised: 01 Sep 2016
Steven R. Grenadier, Andrey Malenko and Nadya Malenko
Stanford Graduate School of Business, Boston College and Boston College, Carroll School of Management
Downloads 451 (125,377)
Citation 15

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organizational economics, real options, delegation, communication, cheap talk, allocation of authority, timing decisions

19.

Custom Proxy Voting Advice

Downloads 444 (127,782)

Custom Proxy Voting Advice

European Corporate Governance Institute – Finance Working Paper No. 975/2024, Olin Business School Center for Finance & Accounting Research Paper No. 2024/04
Number of pages: 59 Posted: 15 Apr 2024 Last Revised: 10 Sep 2024
Edwin Hu, Nadya Malenko and Jonathon Zytnick
University of Virginia - School of Law, Boston College, Carroll School of Management and Georgetown University Law Center
Downloads 436 (129,137)

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proxy advisory firms, ideology, ESG, customization, benchmark recommendations, research, attention to voting, proxy voting, customized recommendations

Custom Proxy Voting Advice

NBER Working Paper No. w32559
Number of pages: 60 Posted: 18 Jun 2024
Edwin Hu, Nadya Malenko and Jonathon Zytnick
University of Virginia - School of Law, Boston College, Carroll School of Management and Georgetown University
Downloads 8 (1,163,205)
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20.

Voting on Public Goods: Citizens vs. Shareholders

Downloads 271 (218,923)

Voting on Public Goods: Citizens vs. Shareholders

European Corporate Governance Institute – Finance Working Paper No. 988/2024 , Olin Business School Center for Finance & Accounting Research Paper No. 2024/05
Number of pages: 64 Posted: 27 Jun 2024
Robin Döttling, Doron Levit, Nadya Malenko and Magdalena Rola-Janicka
Erasmus University Rotterdam (EUR), University of Washington, Foster School of Business, Boston College, Carroll School of Management and Imperial College Business School
Downloads 268 (220,024)

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shareholder democracy, political democracy, socially responsible investing, public good, Pigouvian subsidy, carbon tax, ESG, political backlash, wealth inequality, pass-through voting, universal owners

Voting on Public Goods: Citizens vs. Shareholders

NBER Working Paper No. w32605
Number of pages: 61 Posted: 25 Jun 2024 Last Revised: 11 Oct 2024
Robin Döttling, Doron Levit, Nadya Malenko and Magdalena Rola-Janicka
Erasmus University Rotterdam (EUR), University of Washington, Foster School of Business, Boston College, Carroll School of Management and Imperial College Business School
Downloads 3 (1,224,904)
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